Rodeo Creek Update

October 26, 2011 in Press Release

NEWS RELEASE DATED October 26, 2011

TRIO GOLD CORP. (TSX-V: TGK, US-Listed: TROOF)

 

Rodeo Creek Update
Trio Gold Corp. (Trio) wishes to update its shareholders on recent developments regarding the progress on its Rodeo Creek project located on the prolific Carlin gold belt in Nevada. The project is funded by Amarok Resources Inc. who can earn a 75% interest in the property by spending 5.5 million U.S dollars by the end of 2012.Drill hole AMK10-04, which was completed at a depth of 3,030ft, intersected very intense Carlin-style alteration (brecciation and silicification) at a depth of 2,755ft to 2,962ft in Popovich Formation. Silicified Popovich Formation is one of the main hosts for gold mines along the Carlin Trend. Although the alteration found in AMK10-04 is the strongest yet found on the property, no economic concentrations of gold were detected through the section.The objective of AMK10-04 was to test the potential for a deep-seated high-grade auriferous structure believed to be the source of gold mineralization found at shallow depth in the nearby Flower area, where previous shallow drilling encountered numerous gold values, including 20ft grading 4.22 gm/T gold at 315ft depth in hole AMK-FZ-3, 14ft grading 2.37gm/T Au in AMK-FZ-4, and historical values ranging from 5.38 gm/T over 17ft to 29.66 gm/T over 5 ft. Management believes that the Deep Flower Target has not been fully tested; the combination of “near-surface mineralization” and “deep high-grade Carlin-style alteration” is significant, and merits additional follow-up drilling.

In addition, geologic review of the information gathered from current and past drill programs has identified three holes which require follow-up drilling. All three encountered 70ft to 100ft of mineralized alteration in the Popovich Formation. The review has also identified additional targets on the property which have not been drill-tested and which will warrant drilling.

The Rodeo Creek property adjoins, and is on strike with, Barrick’s Storm, Dee and Arturo gold deposits in the Northern portion of the Carlin gold belt, which has in excess of 100 million ounces of gold production and inventory, including the world class Goldstrike and Meikle mines.

This release has been prepared by Philip van Angeren P.Geol., director of Trio Gold Corp., and a “qualified person” under National Instrument 43-101 guidelines.

 

TRIO GOLD CORP.
Suite 145, 251 Midpark Blvd. S.E.
Calgary, Alberta T2X-1S3
E-Mail: press@triogold.com Website: www.triogold.com
Phone: (403) 262-9640
Fax: (403) 262-9759
CUSIP #89669C-108, Exemption #82-2127The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.